Bitcoin Is Good Hedge in Current Geopolitical Tensions, Says Paul Tudor Jones
Amid the macro developments and geopolitical tensions, Bitcoin has continued to outperform the rest of the crypto market.
Gemini Exchange Looks to Raise $400M at $7B Valuation
While funding is geared at expansion and having enough liquidity for operations, the projected Gemini Exchange funds raised are billed to be used to power its growth plans, as the chances for acquisitions are not being ruled out.
Nasdaq Composite Hits New ATH as Investors Doubles Up on Tech Stocks
While anticipations are high, billionaire hedge fund manager Paul Tudor Jones warns that a wrong move or comment from the Fed Chairman Jerome Powell could spark a sell-off in risk assets.
Billionaire Paul Tudor Jones Calls Bitcoin (BTC) Great Portfolio Diversifier
The billionaire hedge fund manager also noted that he would go “all-in” on crypto if the US Federal Reserve remains nonchalant about the rising inflation and consumer prices.
Travis Scher Launches $72M VC Crypto Fund Backed by Paul Tudor and Others
The new VC crypto fund managed by Glenn Hutchins has already raised $72 million with investments coming from popular personalities of diverse industries. So far, the fund has already invested in seven startups within the space.
Winklevoss Twins: Institutional Investors Can Be Underlying Factor for Recent Bitcoin Rally
By
staff writer
The twins believe that this current rally is sustainable, unlike the previous one which saw the price experience series of falls.
Bitcoin Interest Soars as Wall Street Journal Discusses Its Adoption in Front Page
By
John K. Kumi
According to the report, Grayscale had about $5.9 billion in assets under management. Interestingly, this has recorded a massive surge to over $10 billion.
Billionaire Investor Ray Dalio Bets on CBDCs and Gold, Criticizes Bitcoin
Dalio says that Bitcoin’s volatile nature leaves it with fewer use cases as a medium of exchange. He added that he would prefer Gold over Bitcoin.
JPMorgan Report Shows Bitcoin (BTC) More Preferred Asset Over Gold
The banking giant said that Bitcoin is smartly consolidating its strength against the yellow metal and emerging as a potential alternative.
Bitcoin Rally Only in ‘First Inning’, Says Tudor Jones
By
James Lovett
BTC is an asset that appears to be attracting a lot of attention to a specific class of investors. The millennials, mostly, are recognizing the pioneer cryptocurrency as an alternative safe-haven asset.
Tyler Winklevoss Believes Federal Reserve Is ‘Biggest Booster’ for BTC
While Tyler Winklevoss has highlighted the positive tilt of Powell’s policy turnaround as favorable to Bitcoin (BTC), analysts believe the plan to shore up inflation may be good for the economy now.
CoinShares Hits $1 Billion in Assets Under Management as Demand for Bitcoin Increases
By
Tolu Ajiboye
CoinShares’ total managed funds have now hit $1 billion, with the volume rising to reflect the growing global interest in cryptocurrency.
Bitcoin Price Will Reach $50K if Institutions Allocate 1-2% of Their Portfolio to BTC
Bitcoin may surpass a market capitalization of $1 trillion provided that institutional investors join the market and invest a low-single-digit portfolio percentage to BTC.
Bitamp Offers to Create Grab and Go Wallet in 5 Seconds
Bitamp allows to create a new Bitcoin wallets with a click. The company has a lengthy privacy policy that promises not to store or use client data without permission.
Binance.US Launches OTC Desk for Large Orders Above $10,000
Binance.US has launched its own OTC trading desk that can facilitate large value orders without creating volatile price swings and without affecting the normal trading movements.